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Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Accounts Payable & Accrued Expense : $1,707 Mil (As of Dec. 2023)


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What is Petronas Chemicals Group Bhd Accounts Payable & Accrued Expense?

Petronas Chemicals Group Bhd's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1,426 Mil) to Sep. 2023 ($1,546 Mil) and increased from Sep. 2023 ($1,546 Mil) to Dec. 2023 ($1,707 Mil).

Petronas Chemicals Group Bhd's annual accounts payable & accrued expense increased from Dec. 2021 ($1,099 Mil) to Dec. 2022 ($1,352 Mil) and increased from Dec. 2022 ($1,352 Mil) to Dec. 2023 ($1,707 Mil).


Petronas Chemicals Group Bhd Accounts Payable & Accrued Expense Historical Data

The historical data trend for Petronas Chemicals Group Bhd's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Petronas Chemicals Group Bhd Accounts Payable & Accrued Expense Chart

Petronas Chemicals Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 753.67 731.52 1,099.42 1,351.63 1,707.39

Petronas Chemicals Group Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,351.63 1,432.57 1,426.32 1,546.15 1,707.39

Petronas Chemicals Group Bhd Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Business Description

Traded in Other Exchanges
Address
Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol and Specialties. The Olefins and Derivatives segment, which generates the majority of revenue, sells chemicals used in the production of acrylic acids, antifreeze, printing ink, dyes, gas treating solvents, personal care products, and plastics used in packaging films, wires, cables, and ducting. The Fertilizers and Methanol segment sells chemicals used in gasoline additives, plastic resins, ammonia, and fertilizers. The majority of revenue comes from Malaysia.

Petronas Chemicals Group Bhd (Petronas Chemicals Group Bhd) Headlines

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